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How to buy Audius Coin with Debit Card
Why investors buy Audius Coin with Debit Card
A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:
- The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
- It is safe to use against fraud.
- Debit cards do not have an annual fee.
Is AUDIO a good investment?
Audius wants to alter the way that music artists are compensated for their work since, in the conventional, multi-billion dollar music business, only a tiny portion of the money goes to those who really create the music, without whom the industry would not even exist. This is one of the motives for the development of the Audius coin. Numerous factors may be used to explain why Audius is so essential. Audius uses on-chain analytics and continuous token issuance to more effectively direct AUDIO distribution to the users who are actively using the network. This, in turn, draws users and improves the platform's utility. Therefore, it seems like Audius would be good investment.
Who can buy Audius Coin with Debit Card
Anyone with a bank account can own a debit card and anyone with a verified debit card and an account on our exchange can enjoy our Debit Card payment service to buy cryptocurrencies. Offering cryptocurrency purchase services using debit cards means more flexible financing for our exchange users.
What is Audius Coin ?
With the aim of decentralizing a multi-billion dollar industry and rethinking how musicians and music composers are paid for their work, Audius is a cutting-edge new platform that has been presented to the music industry. A single Audius coin (Symbol: AUDIO) ensures that all network users are rewarded for their contributions to the Audius ecosystem and maintains the network's security through a unique approach. To usher in a new age of innovation for music streaming services is the initiative's primary goal.
Audius has a novel approach to the industry. It rewards network participants, like users and node operators, for their participation in staking, sharing music, and running the network. It also offers its users Audius coin in addition to its primary goal of enabling music creators to get paid instantly for their work through decentralized streaming services. This is in addition to the primary purpose of letting music producers get immediate payment for their masterpieces through decentralized streaming platforms.
What is AUDIO
Users are able to share and perform music using the decentralized network Audius, which was created using blockchain technology. AUDIUS became online in 2018, utilizing AUDIO as the ecosystem's own native token. With the assistance of Audius, musicians can have a one-of-a-kind engagement with their followers and listeners while retaining full control over the music they broadcast and share with others.
To get a share of the network fees as compensation for running a node, one must first stake the network's native AUDIO currency (Audius coin). In the cryptocurrency world, staking means that one doesn’t sell his/her coins. Instead, he/she just lends them to gain profit. The cryptocurrency AUDIO may also be staked to get access to extra network features or to utilize it as a governance token.
How to buy AUDIO with Debit Card instantly?
The transactions paid through the Debit Card payment service are instantaneous, as Debit Card is directly linked to your cash-funded bank account. For that reason, depositing funds and withdrawing money from our exchange also happen instantly when using a debit card payment service as the funds are immediately deducted from your account.
Where can I buy AUDIO online with a Debit Card?
In order to offer more payment options for users to purchase cryptocurrencies simpler, our exchange provides Debit Card as a form of electronic payment service. To use debit card payment on our exchange, you must first log into your account on Blocktrade.com. After doing so, select the digital coin or the crypto token you want to purchase, enter the quantity of cryptocurrency you need to buy, and then choose to charge your account balance using a debit card. Your transaction will take place straight away.
Is AUDIO Reliable?
Audius maintains the network's safety via a one-of-a-kind mechanism and guarantees that all participants in the network are rewarded for making contributions to the Audius ecosystem. Over the course of the last decade, there have been a number of significant advances made in many areas of technology. Blockchain is an example of one of these technologies. This technology, which is meant to store and transport data in a way that is, at the very least, idealistically safe, transparent, and decentralized, lies at the basis of both decentralized finance (DeFi) and cryptocurrency as a whole.
The Blockchain ensures your protection! Every transaction you make on the Audius platform is backed by blockchain technology. In addition, if you are concerned about the security of your AUDIO tokens, you should be aware that the TrustWallet is one of the safest wallets in which to store your tokens. When stored in this wallet, your Audius Coin is guaranteed to be safe, and no one will be able to access your data or tokens without first obtaining your authorization.
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FAQ
Frequently asked questions
The Audius initiative is unique and has the power to change the music industry totally. The platform aims to introduce a new sector with a $13 billion annual market. On the other hand, celebrities like Katy Perry, NAS, and Jason Derulo announced that they are investing in the AUDIUS platform. It shows that Audius could bring a bright future for its stakeholders.
In a nutshell, we could name these advantages of Debit Card: No debt, No application or minimum credit score needed, Less fees, Identity theft protection, Fast withdraw verification
AUDIO is an ERC-20 token, which means it operates on the Ethereum network. The Proof of Work consensus mechanism is presently used by the Ethereum network. However, a move to the more efficient Proof of Stake protocol is being made.
Debit cards generally have no additional fees. But note, if you make a transfer from a terminal whose issuing bank is not your debit card bank, some transaction fees may be deducted from your card account. Or if you withdraw or spend an amount from this card that exceeds its balance, you will also have to pay a fee. But there are zero exchange fees for your crypto-trading through our exchange.
Ledger, Trezor, Trust Wallet, and Atomic Wallet are among the best wallets to keep your AUDIO coins safe.
The bank may agree to the transaction in accordance with the conditions of your account or the policies of your debit card network, but it may also charge an overdraft fee for that transaction and any subsequent ones, up until you make a sufficient deposit.
